Capital Fort – the Office Giant in Sofia
Capital Fort is the new business center in Sofia, which is to open doors on “Tsarigradsko Schousse” Blvd. It is among the highest buildings in the country and is about to change the office market in Sofia. Capital Fort comes with a height of 126 m and will offer the impressive 42 000 sq.m of office premises of the highest class A. For a certain period of time, the business center will be the largest one that is providing such spacious office premises. The investor has picked the right moment with that project since there is a serious demand for quality offices and their rental prices have gone up. The owners believe that by the end of the year the business center will be completely rented out.
The construction of Capital Fort business center has started in 2010 by a solid investor with many completed holiday complexes along the Black Sea coast. The office center has excellent location among which a metro station 50 m away, and many administrative and trade centers along the boulevard. The plans of the investors are to build other business buildings in the area in the future and to run the entire complex on a long term basis. Capital Fort business center is in process of getting certificate according to the British standard for ecological buildings BREEAM.
Capital Fort is coming on the office market in the very right moment, when the demand for offices by companies in the IT and the outsourcing business is very serious. The expectations are for 95 % of the office premises in the building to be rented by outsourcing companies. The rental levels are between 10 and 16 Euro/sq.m. depending on the location and disposition, the size of the offices and the duration of the contracts.